Apple Stock Soars -- Why It Can Go Higher
(NASDAQ: AAPL) shares have rallied sharply from lows earlier this year. Shares traded below $180 during the tariff scare in April, and the stock largely stayed below $210 through August. Recently, however, shares pushed to record territory above $260 as investors digested impressive fiscal third-quarter results and the well-received launch of the iPhone 17 line-up.
Ultimately, the Cupertino-based iPhone maker is benefiting from a healthier core business and a product cycle that finally looks like a tailwind again. For investors wondering whether to trim after the run-up, doing so could be a mistake.
iPhone 17 Pro Max. Image source: Apple.
Source Fool.com
Apple Inc. Stock
€263.25
-1.330%
Currently there is a rather positive sentiment for Apple Inc. with 74 Buy predictions and 7 Sell predictions.
With a target price of 280 € there is a slightly positive potential of 6.36% for Apple Inc. compared to the current price of 263.25 €.
